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How much can you make by depositing $5,000 into a high-yield savings account?

Por: CBS News Business July 31, 2023

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With a $5,000 deposit into a high-yield savings account, savers could earn hundreds of dollars more each year. Getty Images Following a , interest rates are headed back upward. The Fed's decision last week to move the benchmark interest rate to a range between 5.25% and 5.50% was unwelcome news for many borrowers. With rates the highest they've been in , the cost of everything from credit cards to mortgages is exponentially higher than... + full article



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